In almost 50 years. And india softens restrictions on rice exports. Well be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, Wall Street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5 off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one Day Rally since 2008, not seeing that feed into us markets. What are your thoughts on adding china to your portfolio . We are still sceptical. There is no question the government took a week ago are very strong, positive for china internally, but we are not sure that will spur much more demand and that is what they need. China is facing with their Debt Situation and Real Estate situation, some deflationary forces and it will take awhile forces and it will take awhile for them to
Heavy equipment, agricultural products and pharmaceuticals. The ports account for more than half of container imports. Consumers are not likely to feel the effect right away and many businesses have tried to get ahead of this by stockpiling or diverting shipments to the West Coast and i spoke to the ceo of The Port of long beach and he said they had a record august but having said that, if the strikes go ahead and last for weeks, they could lead to shortages and high prices for consumers. Who; high prices for consumers. Why are we in high prices for consumers. Why are we in this high prices for consumers. Why are we in this position . The entire east Coast Port Infrastructure could be shut down by this . Why have the talks broken down . The dock Workers Union talks broken down . The dock Workers Union have talks broken down . The dock Workers Union have been talks broken down . The dock Workers Union have been in l Workers Union have been in talks with the us Maritime Alliance now four
Im Bianca Nobilo live from london. Max foster has the week off. Just ahead when you see the full extent of the destruction of lahaina, it will shock you. It does appear like a bomb and fire went off. Compared to the walking dead, it was completely apoca apocalyptic. Almost no idea that is north american than the notion that any one person can pick the president. The presidency belongs to the American People alone. When i show up, cops act differently. We all act differently when people are watching. Live from london, this is cnn newsroom with max foster and Bianca Nobilo. It is friday, august 11th, 9 00 a. M. In london and 10 00 p. M. On the Hawaiian Island of maui which is coming to grips with a tragedy that many say came out of nowhere. At least 55 people have been killed and the death toll is likely to keep increasing as Emergency Crews Scour block after block of destroyed properties. And much of the Historic Town of Lahaina Business hub is no more. The wildfire now the second deadl
We begin this morning in hawaii where authorities have increased the death toll caused by the wildfires there, at least 55 people now confirmed dead from the raging inferno that swept through the town of lahaina. The community there is just devastated from the loss. We are going to try our very best to identify those that have perished so that the families can have their closure and can have that understanding. When the mayor said it is all gone, it is all gone. It is all gone. It is gone. The governor estimated thursday that about 80 of the overall lahaina area was destroyed. County officials in maui say the fire there is mostly contained. The federal government also swinging into action with President Biden issuing a Disaster Declaration for maui and parts of the big island. And sfeefema oig administrator traveling there today. And i want to bring in a woman who is safe but also separated from her family. Her parents home has burnedsis firefighter there. First of all, how are you doi
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